I hope you’re all fully rested after the long Xmas break and that you got everything you wanted from family and friends!

We had a great start to the year with 2 of our clients confirming decent sized wins in the first 2 days back, so long may that continue.

I’m personally looking forward to 2012; firstly, I’m one of the lucky few with tickets for the Olympics (the diving no less, so I’m getting ready to cheer Tom Daley and the rest of the team on) but I’m also going to keep my eyes open for more tickets – so if anyone knows anyone…

On a business level, I remain confident about this year. I know we’ve probably not seen the worst of it yet, there’s a double dip coming etc but this isn’t like the early 1990s recession when everyone stopped spending on Marketing. In this competitive marketplace, brands and companies will almost certainly die a death if they DON’T spend, albeit wisely and in a well researched and planned/ targeted manner and increasingly on digital and social media.

According to the latest research from the AAR the number of new business pitches in 2011 declined by 13% .

However, Kerry Glazer said that there are a few encouraging signs, that the decline in advertising appears to have bottomed out for example, which could be grounds for future optimism.

Also of note is the fact that the trend for large clients to hold integrated pitches disappeared in 2011.

Most of our clients prefer us to get them ‘under the radar’ to start a relationship rather than chase pitches, so these facts will not have much impact on our core business, but we do keep an eye on any trend in the marketplace as forewarned is always forearmed.

Well, it’s nearly over, this mixed bag of a year. Sitting where we do, in the middle of agencies and clients, we get to see and hear a lot of different views of this economic climate.

We know personally of several agencies who have had to shut their doors this year, never good news, particularly when staff have been laid off.

Interestingly, most of the agencies we know who’ve gone under have blamed themselves rather than ‘the market’. They attribute their demise to leaving it too late to respond to the changing needs of clients and their marketing budgets. Examples include:

• not developing a serious digital offer whether through acquisition or partnership
• not having a clear offer and/or targeting strategy for business development
• a lack of investment in proactively looking for new clients and/or markets

On the other side of the coin, we’ve added over 600 new agencies to our already extensive agency database and more of our clients have won business this year than for the last 5 years.

Out of interest, here is a breakdown of client wins by discipline:

• Research: 19%
• Digital: 17%
• Full service/integrated: 17%
• Design/branding/packaging/corporate com: 17%
• BTL, PR and media planning &buying: 30%

As a glass half full kind of person, I always look forward to the forthcoming year with the hope of more and better! I wish this to all my readers!

It was interesting to read Gideon Spanier’s article in the Evening Standard last night.

The gist of it is that there is an increase in the number of smaller, more specialist breakaway PR agencies forming, coupled with the consolidation of some of the bigger firms. The good money is on these smaller specialist agencies taking business from larger PR firms, as more and more brands are starting to think they are over-paying their current mid-large size incumbents. Equally, the larger firms are all merging, thereby hoping to secure more global accounts from multinational brands.

What struck me most about the article is that we have been sending out mailers to agencies for several years with similar messages – certainly since the rumours about economic slowdown started circulating prior to the 2008 recession.

This practice of forming breakaway specialist agencies crosses many other marketing disciplines in times of recession, as the tide of accounts flowing between agencies doesn’t just stop – brands will always need to get their messages out there in one way or another.

If anyone reading this has formed a new agency and would like advice on how to maximise your potential to win new business, or similarly if you feel you are one of the agencies in danger of being left adrift then help is at hand, so give us a call.